We would love to hear your thoughts about our site and services, please take our survey here.
SP means nothing unless there is sentiment and momentum i.e. when EPO was expected and obtained the SP quadrupled. Now we are in a period of uncertainty with regards future funding, the market is ruthless....the market is for today, not tomorrow, good luck
Hi ACKER, yea i'm good mate, not posting as actively as used too, we have been here since year dot and have been through the mill here many times. I just thought I would give my view on matters, but hope it all comes good for all investors.
It is perhaps not, the market is King with this share and the market says NO LIKEY unfortunately. If JV had been announced in this mornings RNS, this would most probably be sitting at .0040p this eve. It's what the market wants to see, even if some of the eventual return is diverted to potential partner. It's the market you need to play in most instances with a lot of Aim companies. Been here a long time and got a very dirty T-shirt...lol
Been in Prem on and off for last 10 years, having invested in Aim that long, you tend to get a sixth sense about when sentiment and momentum is waining as there are too many unknowns here at the minute. I sold out when this went 2% in the red today and am happy I did looking at the percentage down at COP. Long term prospects look good if management realise new capital injection is required from a joint venture source, but for now this may drift down. Just my tuppence from experience and Prem history. Hopefully, this will come good for all, but for now, I will wait for more concrete news regarding finance going forward.
Yep Colby, the only peeps that have made any money out of PREM are the traders over the years, if you just held long term you'd be 95% down considering current SP from all time highs of yester year. This is a ruthless market and I take my hat off to the traders that can invest the time identifying the highs and lows. You gotta manipulate this market to your advantage and good luck to those that do including ACKER. I couldn't do it, or indeed want to, as I don't have the time or inclination to do so anyway. GLA whatever your strategy imo
With all due respect Elmwood....if you have been invested the same timeframe as the likes of myself, Acker and Charlie you will understand our disillusionment if honest pal....we have been through many ups (years ago), but predominantly downs over intervening years invested here. It has been a rough road and reason for me not following this as closely as perhaps I should have, but I seen the trend years ago and switched off as the invested time and effort was not worth it, which has proved true. Acker is just sceptical about matters, as I am, judging by history, but lets hope we are now on a the up!! Cheers Shwmae
Greetings Acker...thank you my friend for those kind words.
Great to see you are still here, even perhaps reluctantly, considering how far this has fallen from previous times.
Hope the gardening is going well and from my recent resurgence from a time in the wilderness, it is satisfying to see that you are still taking a 'non rose tinted spectacle' to on-going proceedings regards PREM, until it is proved that they can actually deliver some value to their long term holders in particular. Good luck pal and speak soon on here. Shwmae
Thank you Charlie and Fats for those informative responses. We have certainly been through the mill many a time invested in PREM and in the AIM market generally. I really hope this time something goes right for us LTH's as it has been disappointment after disappointment (too many to even remember or recall) for many a year. It is refreshing to see some old faces still here, but that is most likely because we have no choice but to try and recoup our losses and hopefully break even at some stage. I remember buying at 3pps+ years back and that is a hard pill to swallow seeing where the SP is now at. Anyway onwards and upwards and no point complaining over historic events, we are where we are and hopefully matters will improve at some point. It feels as though I know you guys personally from all the pain we have endured in not just PREM, many old faces have come and gone, but we are still here and at some stage, will hopefully see our investments back...lol....speak soon and thanks again chaps for bringing me up to speed on current situ. Shwmae
Hi guys, Charlie 1984 and Acker in particular (whom I remember from years ago). I am a very long termer here and very rarely look in or post due to diabolical historical events and constant jam tomorrow scenarios. Can anyone say if this EPO and thereafter, associated dealings are really ACTUALLY going to materialise this time and what we can expect SP wise if EPO is forthcoming. Cheers Shwmae
Does make you wonder how in any company progress is made, but SP retreats. Ok I know there are more shares in circulation, but this was 2p just 12 months ago and look how much progress has been made in that time. You would think that would compensate for the extra dilution. It makes you wonder why we bother investing at all, particularly in Aim. Every piece of news has been generally good, it don't bear thinking about if we had negative news, I'm sure MMs would need little incentive to move it downwards in that circumstance!!
Unfortunately this is the norm for Aim, it is nothing to do with the current climate, this has been the cycle on this market for the last 8 years and it has not reversed. Other main markets have rallied over recent years, but Aim bucks all trends. The only investors that really make money on THIS market are those that trade for minimal percentages, which over time add up.
Thanks Mullins58 and ocelot. Just listened to interview, which is full of positives. So looking at amended CPR before year end seemingly which is near term. I just hope that the market will reflect any OIP good news that comes from it, as my confidence in Aim is shot tbh. Cheers guys
tkr234...not been following this BB until recently, so I don't know much about the poster you mention. I just pointed out that the post indicated that perhaps they meant 2p per share, which follows in line with the first part of their post. However, perhaps their Maths are rubbish and they meant £0.002p per share which is .2 of 1p per share. Should be an interesting week both on UKOG and POO front. GLA